Datatable Technology Corporation announces first tranche of unbrokered private placement of units


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VANCOUVER, BC, November 24, 2022 /CNW/ – Datatable Technology Corporation (TSXV: DAC) (“data into account” or “company“) is pleased to announce that in furtherance of the October 19, 2022 news, it has now completed the first tranche of its unbrokered private placement of 22,250,000 units from the Company (“)units“) at a cost of $0.02 per unit for gross sales of approximately $445,000 (“offer,

Each unit has a common share in the capital of the company (each a “part“) plus one proof of purchase of shares (each, one “depositEach warrant entitles the holder to purchase one additional share at a price of $0.05 for a period of two years from the end of the offering.

The net proceeds from the Offering will be used to maintain or protect the Company’s existing operations, activities and assets and will not be used primarily to pay management fees or investor relations activities.

All securities issued in connection with the second tranche of the Offer are subject to a statutory lock-in period of four months plus one day from the date of issue in accordance with applicable securities laws.

Kim Oishi, a company insider, subscribed for 1,000,000 units ($20,000) under the offer (“within membership“). Subscription by insiders constitutes a “related party transaction” within the meaning of the protection of minority holders of securities in the Multilateral Instrument 61-101 – Special Transactions (“MI 61-101“). The Company has relied on an exemption from the formal valuation and approval requirements for minority shareholders of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101. Insider subscription. The Company offered not to file a report on material changes more than 21 days prior to the anticipated closing of the Offer, as the details of the Offering and the Company’s participation in it were only determined shortly before the Company’s Related Parties ceased participation and the Company could, for sound commercial reasons, want to close quickly

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In connection with the closing of the first tranche of the Offering, the Company paid finder fees totaling $1,600 in cash and issued 80,000 finder warrants (“finder order“) for a fixed arm’s length finder. Each finder’s warrant is exercisable in one share (each, one”)seeker’s warrant share“) on or before November 24, 2024 at an exercise price of $0.05 per Discoverer Warrant share.

This press release does not constitute an offer to sell or an offer to buy in the United States of America of the securities described in this press release. Such securities have not been and will not be registered under the United States Securities Act of 1933, as amended (“US Securities Act”), or any state securities laws, and therefore may not be offered or sold within . United States, or for the account or benefit of persons in the United States or “US Persons”, as defined in Regulation S promulgated under the US Securities Act, except as otherwise provided by the US Securities Act and applicable state laws regarding unregistered securities under or pursuant to an exemption from such registration requirements.

About Datatable Technology Corporation

data table has been developed platform 3 A proprietary consumer lifecycle and data management platform sold to global consumer brands. platform3 Delivered as a subscription service (Software as a Service model) and used by some of the world’s most valuable consumer brands to reach and engage new consumer communities while collecting, analyzing and managing their own first-party data to add to add. platform3 Includes proprietary technology to monetize consumer data, including demographics and purchasing behavior, by sending targeted offers to consumers via email and SMS. For more information, visit

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For more information about the company, visit TSX Venture Exchange Inc. has not disclosed the merits of the transactions in any way and has not approved or disapproved of the contents of this press release. Neither the TSX Venture Exchange nor the regulatory service provider (as defined in the TSX Venture Exchange’s policies) assume responsibility for the adequacy or accuracy of this release. This press release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that could cause actual events to differ materially from those currently anticipated. Important factors – including the availability of funds and the results of financing efforts – that could cause actual results to differ materially from the Company’s expectations are discussed from time to time in the Company’s filings with SEDAR (see www.sedar .com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intent or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Datatable Technology Corporation


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